World Liberty Financial, a new Decentralized Finance (DeFi) initiative by the Donald Trump family has opened up its Know Your Customer (KYC) verification on its website. The project, designed to provide financial services without involvement of traditional intermediaries, introduced the KYC procedure as a condition for further access to certain information about the project.
In an X post by Donald Trump, World Liberty Financial has commenced its KYC process as part of the platform’s launch phase. The project was described by Trump as a plan to turn the US into the “crypto capital of the world” and is seen as part of his strategy to “Make America Great Again.”
I promised to Make America Great Again, this time with crypto. @WorldLibertyFi is planning to help make America the crypto capital of the world! The whitelist for eligible persons is officially open – this is your chance to be part of this historic moment. Join:…
— Donald J. Trump (@realDonaldTrump) September 30, 2024
The KYC process also marks the official opening of the whitelist for eligible participants who wish to join the project.
Subsequently, this KYC verification is mandatory for accessing further details about World Liberty Financial, and U.S.-based participants must also be accredited investors to comply with regulatory guidelines. The process requires users to submit personal identification documents such as a passport or driver’s license and proof of address to verify their identity, in line with standard anti-money laundering (AML) measures.
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